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    Sen. Elizabeth Warren (D-Mass.) participates in a Senate Finance Committee hearing on Wednesday, April 19, 2023.

    Warren Leads Call to End Dispute System 'Weaponized' by Corporations Amid Honduras Case

    "The broken ISDS system has time and time again worked in favor of big business interests while infringing on the rights and sovereignty of our trading partners and their people."

    Kenny Stancil
    May 03, 2023

    U.S. Sen. Elizabeth Warren and Rep. Lloyd Doggett on Wednesday led nearly three dozen progressive members of Congress in demanding an end to the Investor-State Dispute Settlement system, a key feature of corporate-managed trade agreements signed, and often initiated, by the United States.

    "Large corporations have weaponized, and continue to weaponize, this faulty and undemocratic dispute settlement regime to benefit their own interests at the expense of workers, consumers, and small businesses globally," says Warren (D-Mass.) and Doggett's (D-Texas) letter to U.S. Trade Representative Katherine Tai and Secretary of State Antony Blinken.

    Keep ReadingShow Less
    News
    investor-state dispute settlements
    All or Nothing: A Green New Deal for Central America

    All or Nothing: A Green New Deal for Central America

    The Trump administration is already campaigning for the upcoming elections and its main target is an easy fragile one – migration and how to put the brakes on it. Turning Guatemala into a temporary prison has been its latest achievement.

    Renata Avila
    Aug 12, 2019

    The issue of migration allows Trump to show off his imperial power in front of the cameras, and to cover up with much fuss a series of failures. His latest "achievement" has been to force Guatemala - a country on the verge of collapse and mired in a humanitarian and institutional crisis - into becoming a temporary prison for those seeking asylum in the US.

    Guatemala will receive hundreds of deported migrants. The country has been designated as the hell where the concentration camps for migrants will be located, conveniently out of the reach of US courts of justice. Guatemala is thus to become a Tropical Turkey, the country where asylum requests will be brought together, so that the brutality can be carried out offshore.

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    Opinion
    The Old Democratic Trade Paradigm Is Collapsing. Good Riddance.

    The Old Democratic Trade Paradigm Is Collapsing. Good Riddance.

    "Critically, Warren would also include the welfare of other countries as part of the considerations" as she negotiates a trade deal

    Ryan Cooper
    Aug 04, 2019

    For the two decades after the collapse of the Soviet Union, elite pundits worshiped free trade with a reverence bordering on the comical. As New York Times columnist Thomas Friedman declared in 2006, "I wrote a column supporting the CAFTA, the Caribbean Free Trade initiative [sic]. I didn't even know what was in it. I just knew two words: free trade." That was about the intellectual level of neoliberalism at its moment of peak political hegemony.

    But things have changed a lot. The shine has come off so-called "free trade," and Democratic presidential candidate Elizabeth Warren is now proposing a bold overhaul of how the U.S. conducts its trade negotiations. It's only a matter of time before the old trade paradigm dies an ignoble and well-deserved death.

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    Opinion

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